Mobile homes, I'd say not to listen to anyone on the internet except @Ken RishelWhen you own it DF gets less complicated...wow, if you are "in the business of" or a non-occupant, that's when the DF issues kick in.All of this has been hashed out hundreds of times on BP.

It's not really that complicated, and all of the instructions on how to bid/purchase etc. are provided by the municipality-Buy from another investor.

I imaging waiting for the city will not only take forever but will probably be complicated as hell.

Nobody knows what the rehab costs are going to be a priori anyway, so just pick a number... we all know where those numbers can be found:) Personally, I like to see the borrower come into closing with some cash, even if my loan is more than 100% of the purchase price, that way I know he isn't going to call the closing a payday and never see him again.There are potential complications with this approach.

They don't always make a mess, but it is a risk-benefit thing and worth thinking it through.Puppies are usually worse than adult dogs because they chew and aren't born potty trained.Accepting a dog that is a dangerous breed is an unnecessary risk.Most insurance companies won't insure with this type of breed or will charge more for it if they do.Enough said.

You can setup the LLC with checkbook control, as Dmitriy suggests, but I think the debit card is simpler, easier, just as effective, less complicated and less expensive.

My cash reserves are down because my wife stopped working early in her pregnancy ( due to complications ) and is now a "stay home" mom.

People with this habit (well, it ranges from a "bad habit" to a full-blown psychiatric disorder) have a complicated relationship with all that "stuff".

But it seems as if small individual owners could see us as an unnecessary expense until the next vacancy.

Buying at or near retail prices and hoping to make a profit is a strategy some follow, but you take unnecessary market risk when you do so.